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Ontario's Residential Condominium Buyer's Guide for New Builds - November 2020.

Download below the Ontario's Residential Condo Buyer's Guide provided by the Ontario government to help you make a purchasing decision.

Ontarios-Condominium-Buyers-Guide-2020-1-1

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Developers across the province are required to provide purchasers of new or pre-construction residential condos with a copy of the guide and the current disclosure statement. The new guide includes up-to-date information on a variety of aspects of condo ownership, such as:

• The condo purchasing process,

• Moving into a pre-construction residential condo unit,

• Condo living and governance, and

• Resources for resolving issues with condo living

Under the Condo Act, purchase agreements for new or pre-construction condos purchased from developers are not binding on purchasers until developers provide purchasers with a copy of the current disclosure statement. As of January 1, 2021, this requirement changed to also require developers to provide a copy of the guide. ​